Why Offshoring Matters in Accounting
Offshoring has emerged as a game-changer for the accounting industry. It addresses key challenges like rising operational costs, capacity shortages, and a shrinking talent pool. By leveraging global workforce opportunities, accounting firms can achieve cost reduction while maintaining high-quality service standards. With many accounting firms adopting offshoring by 2024, this trend is transforming the profession. […]
Selecting the Right Management Approach for Effective Accounting
In the fast-paced world of accounting, the importance of selecting an effective management methodology cannot be overstated. A well-chosen methodology can streamline operations, improve accuracy, and enhance overall productivity. It ensures that the financial aspects of a business are handled with precision. But with numerous methodologies available, how does one choose the best approach for […]
How we supported a new Accounting Practice in Townsville, Queensland
Business Problem The client is an accountant from Townsville, Queensland, who owns a sole accounting practice. Although he had extensive experience in accounting, he lacked the practical knowledge required to manage and run a full-fledged accounting firm. This is where BISTEC MH stepped in, providing comprehensive support from the very beginning to ensure the success […]
Why consider Sri Lanka as an outsourcing destination?
Do you know that BPO/Outsourcing industry is the fast-growing industry in Sri Lanka? The stats suggests that it generate over $900mn export revenue in 2020? Outsourcing to Sri Lanka is becoming more attractive for businesses. Sri Lankan working culture is marked by the courtesy and hardworking nature of young professionals. Find out more So, why […]
BISTEC MH Networking Event in Sydney
A successful networking event wrapped up in Sydney!
